REX American Resources (REX)
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REX American Resources (REX) - 2024 Q4 - Annual Results
2024-03-28 21:43
EXHIBIT 99 REX American Resources Reports Full Fiscal Year 2023 Net Income Per Share Attributable to REX Common Shareholders of $3.47, the Second Highest in Company History § Generated $1.16 and $3.47 of net income per share in Q4 and Full Fiscal Year ‘23, respectively; Full Fiscal Year net income per share was the second highest in company history § Reported gross profit of $30.4 million and $98.2 million for Q4 and Full Fiscal Year ‘23, respectively, an increase of more than 100% over each of the respecti ...
REX American Resources (REX) - 2024 Q3 - Quarterly Report
2023-12-05 03:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-09097 REX AMERICAN RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware 31-1095548 (State or ...
REX American Resources (REX) - 2023 Q3 - Earnings Call Transcript
2023-12-01 05:06
REX American Resources Corporation (NYSE:REX) Q3 2023 Results Conference Call November 30, 2023 11:00 AM ET Company Participants Stuart Rose - Executive Chairman of the Board Zafar Rizvi - CEO Doug Bruggeman - CFO Conference Call Participants David Locke - Old Mammoth Investments Chris Sakai - Singular Research Operator Greetings, and welcome to the REX American Resources Fiscal 2023 Third Quarter Conference Call. [Operator Instructions]. I would now like to turn the conference over to Mr. Doug Bruggeman, C ...
REX American Resources (REX) - 2024 Q2 - Quarterly Report
2023-09-01 23:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-09097 REX AMERICAN RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware 31-1095548 (State or oth ...
REX American Resources (REX) - 2023 Q2 - Earnings Call Transcript
2023-08-31 05:47
财务数据和关键指标变化 - 销售额同比下降11.8%,主要是各产品单价下降以及乙醇销量略有下降 [7] - 毛利润同比增加30.5%,得益于玉米和天然气价格同比下降 [7] - 销售、一般及管理费用同比增加28.4%,主要是股权激励费用增加 [8] - 利息及其他收益同比下降59.8%,主要是去年收到的COVID-19救助补助7.8百万美元不再存在 [9] - 税前利润同比下降16.1%,但剔除去年的COVID-19补助后,同比增加64.3% [10] - 归属于REX股东的净利润同比下降18.8% [11] - 每股收益同比下降17.5% [11] 各条业务线数据和关键指标变化 - 乙醇销量同比下降3.2%,为69.1百万加仑 [7] 各个市场数据和关键指标变化 - 乙醇出口同比下降15%,至7.05亿加仑 [20] - DDG出口同比下降10.2%,至510万吨 [20] 公司战略和发展方向及行业竞争 - 公司正在投资1.65亿美元用于碳捕集项目和One Earth Energy产能扩建至2亿加仑 [22][26] - 公司已与Summit Carbon Solutions、Navigator等碳管线公司签订协议 [25] - 公司认为自己在碳捕集项目上领先于其他后来者,拥有政府资助和多年积累的优势 [41][42][43] - 公司目前更关注碳捕集项目的发展,而不是收购其他乙醇公司 [59][60] 管理层对经营环境和未来前景的评论 - 管理层预计第三季度业绩将显著好于去年同期和本季度 [13][30] - 管理层认为公司拥有行业内最佳的乙醇工厂和最优秀的团队,这将为碳捕集项目的成功奠定基础 [31] - 管理层认为玉米价格和天然气价格的下降将对公司业绩产生积极影响 [17][18][67] - 管理层对乙醇和DDG出口下滑表示担忧,可能会对未来业绩产生负面影响 [20][21] 其他重要信息 - 公司现金余额约2.84亿美元,将用于碳捕集项目、产能扩建和股票回购 [14][15] - 公司已连续12个季度实现盈利 [28] 问答环节重要的提问和回答 问题1 **Jordan Levy 提问** 询问公司对碳捕集项目获批时间表的预期 [35][36] **Zafar Rizvi 回答** 公司预计将在2024年底前获得EPA的Class VI注入许可,并已开始进行前期建设工作 [37][38][39] 问题2 **Jordan Levy 提问** 询问1.65亿美元预算的具体构成 [44] **Zafar Rizvi 回答** 公司尚未具体披露碳捕集和产能扩建的具体投资金额,但总预算包括地下设施、管线和产能扩建等 [45][46][47][48] 问题3 **Pavel Molchanov 提问** 询问公司是否有并购计划 [58] **Stuart Rose 回答** 公司目前没有并购计划,而是将重点放在碳捕集项目的发展上,认为这可能带来更大的增长潜力 [59][60]
REX American Resources (REX) - 2024 Q1 - Quarterly Report
2023-05-27 00:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 001-09097 REX AMERICAN RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware 31- ...
REX American Resources (REX) - 2023 Q1 - Earnings Call Transcript
2023-05-26 02:22
REX American Resources Corporation (NYSE:REX) Q1 2023 Earnings Conference Call May 25, 2023 11:00 AM ET Company Participants Doug Bruggeman - Chief Financial Officer Stuart Rose - Executive Chairman Zafar Rizvi - Chief Executive Officer Conference Call Participants David Locke - Old Mammoth Investments Operator Greetings, and thank you for standing by. Welcome to the REX American Resources Fiscal 2023 First Quarter Conference Call. During your presentation, all participants will be in a listen-only mode. An ...
REX American Resources (REX) - 2023 Q4 - Annual Report
2023-03-31 03:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED JANUARY 31, 2023 COMMISSION FILE NO. 001-09097 REX AMERICAN RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware 31-1095548 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 7720 Paragon Road, Dayton, Ohio 45459 (Address of principal ex ...